WMC 0.00% 20.5¢ wiluna mining corporation limited.

23 Jan 2017 FY 2017 Production Guidance 60-70koz for 8.5 mths...

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    23 Jan 2017
    FY 2017 Production Guidance
    60-70koz for 8.5 mths
    Asic costs A1149 /oz

    Matilda and Wiluna Stage 2
    Expansion study aimed at .......+200k ozpa.

    Now between the 23rd Jan and the trading halt NO MENTION of the result of the study
    SO HOW THE HECK DO THEY KNOW HOW MUCH capital is required
    or is this a sop to the insiders at BLK?

    No additional report on production!

    My suspicion is that the directors have not kept the market appraised and the spurt in price was selling by insiders into a trading halt. It happens all the time...... Price spurt followed by trading halt and announcement of an Issue.

    A computer program linked to the share register could flag these events ..... but there are too many....vested interests.
 
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